Day: July 27, 2024

Tyler Winklevoss calls for new SEC Chair before US elections

Tyler Winklevoss has stressed the urgent need for a new SEC Chair to be appointed before the upcoming U.S. elections. Winklevoss urges swift SEC leadership change before the election In a recent post on X, Tyler Winklevoss, co-founder of Winklevoss Capital Management and the Gemini cryptocurrency exchange, called for action in Washington before the November elections, stressing that this demand is non-partisan and should unify the crypto industry. Winklevoss emphasized the need for voters to know who the next Chair of the U.S. Securities and Exchange Commission will be before…

Bitcoin Policy Group Urges UK to Retain Bitcoin Holdings

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The Bitcoin Policy Group has issued a warning to the United Kingdom, advising against the sale of its 61,000 bitcoins. The group argues that maintaining these holdings is crucial for the nation’s economic strategy and future financial stability. U.K. Urged to Retain 61,000 Bitcoins by Bitcoin Policy Group In their letter, the Bitcoin Policy Group […] Original

RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of 4 million bitcoins is reached. He also pledged to […] Source CryptoX Portal

This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC

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Bitcoin mining behemoth, Marathon Digital has made headlines by investing a staggering $100 million in BTC. This substantial investment comes despite BTC’s previous price drops, underscoring the mining giant’s confidence in the long term potential of the pioneer cryptocurrency.  MARA Buys $100 Million Worth Of BTC In a press release published on Thursday, July 25, MARA, (recently rebranded from Marathon Digital) announced that it has purchased an additional $100 million worth of BTC. This substantial Bitcoin investment marks a significant increase in MARA’s already impressive Bitcoin holdings.  Related Reading MARA’s…

Wall Street’s Cantor Fitzgerald to Open Bitcoin Financing, Lending Business

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

US Spot Bitcoin ETFs See $51.66M Inflows as Grayscale’s GBTC Deals With Outflows

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Unlike the U.S. spot ether exchange-traded funds (ETFs), the spot bitcoin ETF equivalents experienced inflows during Friday’s trading session, totaling $51.66 million. Four funds recorded inflows, while Grayscale’s Bitcoin Trust (GBTC) saw an outflow of $26.55 million. Spot Bitcoin ETFs Garner $51.66M Grayscale’s spot ether ETF, ETHE, and its spot bitcoin ETF, GBTC, have been […] Original

US Ether ETFs See Negative Flows as Grayscale Offloads $356.26M

U.S. spot ethereum exchange-traded funds (ETFs) experienced negative inflows once again, driven by Grayscale’s Ethereum Trust (ETHE) offloading a substantial $356.26 million on Friday. To date, ETHE has recorded more than $1.5 billion in cumulative outflows. Grayscale’s Ethereum Trust Sheds $1.5B in 4 Trading Sessions The spot ether ETFs have been impacted by Grayscale’s Ethereum […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Democratic Crypto Supporters Call for Crypto-Friendly Party Platform

Lawmakers including Rep. Josh Gottheimer (D-N.J.), Ro Khanna (D-Calif.), Wiley Nickel (D-N.C.), Ritchie Torres (D-N.Y.) and others signed the letter requesting a “forward-looking approach” to digital assets, asking their party to add supportive language to the official platform, pick a vice-presidential candidate who favors crypto and replacing Securities and Exchange Commission Chair Gary Gensler with an agency chief that supports crypto. Source